Cardano users can now spend ADA at 40,000 US stores via Flexa network

“Pure-digital” payments processor Flexa has added support for ADA, the Cardano blockchain’s native cryptocurrency, bringing it to the network’s ever-growing roster of available payment options.

“At last, the native asset of Cardano is live on Flexa. Now you can spend your $ADA instantly at over 40,000 locations across the US!” Flexa tweeted over the past weekend.

At last, the native asset of @Cardano is live on Flexa. Now you can spend your $ADA instantly at over 40,000 locations across the US! #25DaysofFlexa🎁

— Flexa (@FlexaHQ) December 17, 2021

Flexa launched its crypto wallet, dubbed SPEDN, in May 2019 in the U.S. Initially, the network allowed users to pay with Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar in retail stores, including top brands such as Whole Foods, Baskin Robbins, Lowe’s, and Nordstrom. Flexa also partnered with Winklevoss-led crypto exchange Gemini around the same time.

Per the announcement, SPEDN users can already try out instant ADA payments on the network. For example, to buy tickets at an American movie theater chain, Regal Cinemas, that partnered with Flexa in late November “to enable digital currency payments for movies and more.”

Regal’s chief marketing officer Ken Thewes notes in the press release:

“Regal is committed to being ‘The Best Place to Watch a Movie.’ As more of our customers demand digital asset solutions and safer payment methods, we are grateful to have found a partner in Flexa, a company that is revolutionizing digital payments with cutting-edge software and an innovative business platform,”

Quantum of solace

Flexa’s latest announcement might’ve sweetened the pill for many Cardano enthusiasts that were miffed at crypto payments provider BitPay last week. As CryptoSlate reported, BitPay has added popular “meme” token Shiba Inu (SHIB) to its platform—despite ADA’s lead in the company’s user poll.

At the time, even Cardano founder Charles Hoskinson questioned BitPay’s decision.

What was the point of the poll?

— Charles Hoskinson (@IOHK_Charles) December 10, 2021

Meanwhile, Flexa similarly added SHIB to its platform just a few days earlier. Now, however, holders of both tokens are equally free to spend them at Flexa’s partner stores.

CryptoSlate Newsletter

Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.

Get an edge on the cryptoasset market

Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits


Recommended For You

About the Author: wp4crypto

Leave a Reply

Your email address will not be published. Required fields are marked *